Growth
Kenya’s rate controls caused ‘collapse’ in credit – IMF paper
Caps undermined central bank’s control over signalling policy stance, researchers find
Dominican Republic announces easing measure
It is necessary to react to “unstable” global economy, governor Héctor Valdez Albizu says
Can central bankers turn finance green?
The Network for Greening the Financial System aims to bring about fundamental change. The central bankers who created it made a strong start but face serious challenges.
Fed stands ready to act, says Powell
Federal Reserve will “act as appropriate” to sustain growth amid uncertainty from trade negotiations, says chairman
Bullard says Fed may need to cut rates ‘soon’
Market-implied probability of a cut in September now above 80%
Sri Lanka cuts rates as economy feels effects of Easter attacks
Economy was rebounding in Q1, but appears to have been knocked back, central bank says
US labour force participation driven by fewer outflows – San Fran Fed researcher
Hot economy could be making workers less likely to leave labour force, Regis Barnichon says
Venezuela’s central bank finally admits economic collapse
First official data release since 2015 says GDP fell by 22.5% in the year to the third quarter of 2018
Why two degrees matters to central banks
Ulrich Volz explores why strong leadership is required from central banks and supervisors to ensure the financial sector will be in a position to weather climate risks.
South African MPC narrowly votes to hold rates
Sarb cuts projected growth rates and expects looser monetary policy
Costa Rica cuts rates further following March reversal
Central bank concerned about downside inflation risks and slow economic activity
Central banks must break with short-term political cycles – Díaz de León
Mexican governor stresses independence and long-term objectives can help tackle populism
Cambodian central bank voices concerns over possible Chinese spillovers
Central bank fears a sharp drop in property market could trigger financial system risks
RBA eyes rate cut as growth and inflation disappoint
Trade tensions and weak household income hamper central bank’s previous plan to tighten policy
Israel’s banking system resilient to geopolitical shock, governor says
Recent stress tests measured impact of geopolitical shock on domestic economy
Reserve Bank of Malawi cuts rates to 13.5%
Central bank lowers inflation forecast while raising GDP growth forecast
Trade protection leads to recessions in the long run – Bank of Canada researcher
Some policies can provide temporary booms in the short run, Yuko Imura finds
Norway’s revised budget adds to pressure for tightening
Analysts think higher public spending could reinforce Norges Bank’s tightening cycle
Cooling economic activity in China paves way for more stimulus
Policy-makers may turn to fiscal stimulus rather than monetary easing
Zhou on four key decisions that forged the modern-day PBoC
Former People’s Bank of China governor Zhou Xiaochuan shares his perspectives about four critical moments in China’s economic reform agenda
BoE to expand scheme that sends economists to emerging markets
UK government partners with BoE to provide economic expertise to emerging markets
Joint project unveils dataset stretching back to 1086
BoE and statistics agencies publish vast collection of historical data
San Francisco Fed researcher seeks to improve Phillips curve
Introducing an “interaction variable” can increase predictive performance, researcher says
Norges Bank governor says new hike rate ‘likely’ in June
Norwegian central bank holds rates, but Olsen says balance of risks means further hike is likely